Current Affairs Quiz — 02 March 2026
Daily news by your exam, state and topic — each with a short summary, key facts and MCQs.
Which principle did India and Canada adopt on 2 March 2026 as the guiding framework for their renewed Strategic Partnership?
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Correct answer: D — Vasudhaiva Kutumbakam
The Joint Leaders' Statement adopted 'Vasudhaiva Kutumbakam' or 'One Earth, One Family, One Future' as the overarching framework.
Which Canadian company signed a long-term uranium supply contract with India's Department of Atomic Energy during the Carney visit?
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Correct answer: A — Cameco
The DAE signed a long-term contract with Cameco for the supply of uranium ore concentrates.
According to Cameco, over which period will it supply nearly 22 million pounds of uranium ore concentrate to India?
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Correct answer: B — 2027–2035
Cameco said deliveries are expected to begin in 2027 and run through 2035, a nine-year period.
The trilateral MoU on technology and innovation signed during the visit involves India, Canada and which third country?
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Correct answer: D — Australia
The India–Canada–Australia trilateral MoU falls under the Australia–Canada–India Technology and Innovation (ACITI) Partnership.
Consider the following statements about Mark Carney's visit to India (27 February – 2 March 2026): 1. It was the first bilateral visit to India by a Canadian Prime Minister since 2018. 2. A Pulse Protein Centre of Excellence is to be set up at NIFTEM Kundli. Which of the above is/are correct?
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Correct answer: C — Both 1 and 2
Both are correct. The Joint Statement says it was the first bilateral visit by a Canadian PM since 2018, and the outcomes list a Declaration of Intent on a Joint Pulse Protein Centre of Excellence at NIFTEM Kundli.
What interest rate on EPF deposits for 2025-26 did EPFO's Central Board of Trustees recommend on 2 March 2026?
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Correct answer: C — 8.25%
The CBT recommended 8.25%, the same rate as declared for 2024-25.
Who chairs the Central Board of Trustees of the EPF, as at its 239th meeting on 2 March 2026?
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Correct answer: A — Union Labour and Employment Minister
The Union Labour and Employment Minister, Mansukh Mandaviya, chaired the meeting; the Central Provident Fund Commissioner is the Member Secretary.
The new EPF, EPS and EDLI Schemes, 2026, approved by the CBT on 2 March 2026, are aligned with which law?
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Correct answer: B — Code on Social Security, 2020
The new schemes were approved for notification under the Code on Social Security, 2020, to replace the current schemes.
Consider the following statements about decisions of the 239th CBT meeting of EPF (2 March 2026): 1. A one-time Amnesty Scheme was approved for exempted establishments under the EPF & MP Act, 1952. 2. A pilot was approved for auto-settlement of inoperative accounts with balances of ₹10,000 or less. Which of the above is/are correct?
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Correct answer: A — 1 only
Only statement 1 is correct. The auto-settlement pilot covers inoperative accounts with unclaimed balances of ₹1,000 or less (over 1.33 lakh accounts), not ₹10,000.
With which shipyard did the Defence Ministry sign a contract on 2 March 2026 for four 500-tonne fuel barges for the Navy?
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Correct answer: A — Shoft Shipyard Private Limited, Thane
The contract was concluded with Shoft Shipyard Private Limited, Thane, an MSME shipyard.
Under whose classification rules will the Navy's new self-propelled fuel barges be built?
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Correct answer: B — Indian Register of Shipping
The barges will be built under the classification rules of the Indian Register of Shipping (IRS).
At how many locations is the nationwide ASMITA athletics league to be held on International Women's Day 2026?
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Correct answer: C — 250
The league was announced for 250 locations on 8 March 2026.
Consider the following statements about ASMITA: 1. ASMITA stands for 'Achieving Sports Milestone by Inspiring Women Through Action'. 2. ASMITA leagues were started in 2021 as part of Khelo India. Which of the above is/are correct?
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Correct answer: C — Both 1 and 2
Both are correct. ASMITA is part of Khelo India's gender-neutral mission, and its leagues began in 2021.
To which city did INSV Kaundinya make her maiden overseas voyage, completed with her flag-in at Mumbai on 2 March 2026?
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Correct answer: D — Muscat
INSV Kaundinya returned after her maiden overseas voyage to Muscat, Oman.
The design of INSV Kaundinya is inspired by a 5th-century CE depiction found at which site?
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Correct answer: A — Ajanta Caves
The Navy says INSV Kaundinya is inspired by a 5th-century CE depiction from the Ajanta Caves.
Consider the following statements about INSV Kaundinya: 1. Her wooden planks are stitched together with coir rope and sealed with natural resins. 2. She was inducted into the Indian Navy in May 2025. Which of the above is/are correct?
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Correct answer: C — Both 1 and 2
Both are correct. The vessel uses ancient stitched-plank construction with coir rope and natural resins, and was inducted in May 2025.
Where was MeitY's 30 kW Wide Band Gap-based Integrated Drive System for EVs launched on 2 March 2026?
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Correct answer: B — IIT Madras, Chennai
MeitY Secretary S. Krishnan launched the system at IIT Madras, Chennai.
Under which national mission was the 30 kW WBG-based Integrated Drive System for EVs developed?
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Correct answer: D — National Mission on Power Electronics Technology (NaMPET)
C-DAC Thiruvananthapuram developed it with IIT Madras and Lucas TVS under NaMPET.
What was India's IIP growth rate for January 2026 according to the quick estimate released on 2 March 2026?
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Correct answer: B — 4.8%
IIP grew 4.8% year-on-year in January 2026.
Which of the three IIP sectors recorded the highest growth in January 2026?
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Correct answer: B — Electricity
Electricity grew 5.1%, ahead of manufacturing (4.8%) and mining (4.3%).
Which industry group was the top positive contributor to manufacturing growth in January 2026, growing 13.2%?
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Correct answer: D — Manufacture of basic metals
Manufacture of basic metals (13.2%) was the top contributor, followed by motor vehicles (10.9%) and other non-metallic mineral products (9.9%).
With which Japanese agency did NITI Aayog sign the Record of Discussions for Phase II of SDG cooperation in Aspirational Districts and Blocks on 2 March 2026?
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Correct answer: B — JICA
NITI Aayog signed the Record of Discussions with the Japan International Cooperation Agency (JICA).
Consider the following statements: 1. The Aspirational Districts Programme was launched in January 2018 to transform 112 districts. 2. The Aspirational Blocks Programme was launched in January 2023 covering 500 blocks. Which of the above is/are correct?
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Correct answer: C — Both 1 and 2
Both are correct. NITI Aayog states ADP was launched in January 2018 for 112 districts; PIB states ABP was launched on 7 January 2023 with 500 blocks from 329 districts.
Where was the 7th Joint Committee meeting under the India–Japan CEPA held on 2 March 2026?
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Correct answer: B — Tokyo
The 7th Joint Committee meeting under the India–Japan CEPA was held in Tokyo on 2 March 2026.
Who co-chaired the 7th India–Japan CEPA Joint Committee meeting from the Indian side?
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Correct answer: D — Commerce Secretary Rajesh Agrawal
Commerce Secretary Rajesh Agrawal co-chaired the meeting with the Senior Deputy Minister of Japan's Ministry of Foreign Affairs.
Consider the following statements about the India–Japan Comprehensive Economic Partnership Agreement: 1. It was signed on 16 February 2011. 2. It entered into force on 1 August 2011. Which of the above is/are correct?
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Correct answer: C — Both 1 and 2
Both are correct. The India–Japan CEPA was signed on 16 February 2011 and came into force on 1 August 2011, according to the Department of Commerce.
What is the total outlay of Haryana's budget for 2026-27, presented on 2 March 2026?
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Correct answer: D — About ₹2.23 lakh crore
The 2026-27 budget outlay is ₹2,23,658.17 crore, about ₹2.23 lakh crore.
Haryana's 2026-27 budget proposed a new 'Haryana Agri DISCOM'. What will it serve?
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Correct answer: A — All agricultural feeders and farm consumers
The Haryana Agri DISCOM, the state's third distribution company, will serve all 5,084 agricultural feeders and 7.12 lakh agricultural consumers.
Consider the following statements about Haryana's budget 2026-27: 1. The fiscal deficit is estimated at 2.65% of the state's GDP. 2. Under the FRBM Act, 2003, a state's fiscal deficit should stay below 3% of its GDP, as cited in the budget speech. Which of the above is/are correct?
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Correct answer: C — Both 1 and 2
Both are correct. The speech puts the fiscal deficit at ₹40,293.17 crore (2.65% of GDP) and cites the FRBM Act, 2003 ceiling of 3%.
Who signed the Terms of Reference for the India–Canada CEPA on behalf of India on 2 March 2026?
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Correct answer: A — Piyush Goyal
Commerce and Industry Minister Piyush Goyal signed the ToR with Canada's Trade Minister Maninder Sidhu.
What bilateral trade target by 2030 did India and Canada set while launching CEPA negotiations?
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Correct answer: D — US$50 billion
PM Modi said the goal is to take bilateral trade to US$50 billion by 2030.
According to the Commerce Ministry, what was India–Canada bilateral trade in FY 2024-25?
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Correct answer: A — US$8.66 billion
Bilateral trade was US$8.66 billion in 2024-25, with exports of US$4.22 billion and imports of US$4.44 billion (DGCI&S).
How many hours of mandatory On-the-Job Training or Group Project must ITI trainees under the Craftsmen Training Scheme complete, as per DGT guidelines of 2 March 2026?
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Correct answer: B — 150 hours
DGT made 150 hours of OJT or Group Project mandatory for ITI trainees under the Craftsmen Training Scheme.
At which venue in New Delhi was Tribes Art Fest 2026 inaugurated on 2 March 2026?
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Correct answer: A — Travancore Palace
Jual Oram inaugurated Tribes Art Fest 2026 at Travancore Palace, K.G. Marg, New Delhi.
Which leader, who is both Crown Prince and Prime Minister of his country, did PM Modi speak with on 2 March 2026 about the West Asia situation?
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Correct answer: C — Mohammed bin Salman
PM Modi held discussions with Mohammed bin Salman, Crown Prince and Prime Minister of Saudi Arabia.